Compliance with Laws Clause Example from Business Contracts

Compliance with Laws. The Company shall make reasonable efforts to comply with all applicable requirements of any foreign and U.S. federal and state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act and in each case any respective rules and regulations promulgated thereunder) and any other law, rule, regulation or exchange requirement applicable thereto; provided, however, notwithstanding any other provision of the Plan and this Agreement, th...e Company shall not be obligated to pay any cash or issue any shares of Common Stock pursuant to this Agreement if any such payment or issuance would violate any such requirements. As a condition to the settlement of the Award, the Company may require the Participant to satisfy any qualifications that may be necessary or appropriate to evidence compliance with any applicable law or regulation. View More